Amazon has introduced Amazon Supply Chain Services, expanding its freight, distribution, fulfillment, and parcel-shipping services to businesses of all sizes. This move aims to challenge established logistics companies like FedEx and UPS, whose shares fell by 7% and 9% respectively following the announcement. While the launch signals Amazon's ambition to become a major player in logistics, some analysts remain cautious about the immediate disruptive impact on traditional carriers. The development highlights growing competition in the logistics sector as Amazon leverages its infrastructure to offer broader services.
At Stanford University, about 200 students protested and booed Google CEO Sundar Pichai during his commencement speech, opposing Google's defense ties, including the $1.2 billion Project Nimbus contract with the Israeli military. Protesters criticize...
The Frost & Sullivan Institute has recognized 50 leading companies with the 2026 Visionary Growth Leadership Best Practices Recognition for embedding innovation, measurable impact, and sustainability into their growth strategies. These companies, inc...
Amazon reported its fifth consecutive earnings beat with strong growth in AWS and its chips business, yet its stock is up only 3.35% year-to-date due to massive planned capital expenditures of $200 billion in 2026. The company’s free cash flow has dr...
President Donald Trump warned that if France does not repeal its 3% digital services tax on U.S. technology companies, he will impose a 100% tariff on French wine and champagne exports to the U.S. This tax, approved in 2019, targets large tech firms ...
President Trump warned France of a potential trade war, threatening 100% tariffs on French wines if France does not repeal its 3% digital tax on US tech giants like Google and Apple. This tax targets the revenue of American tech companies and has rai...
